Tag: 401k
What Happens if I Withdraw My 401(k) Early?
January 13, 2021
A 401(k) is a company-sponsored retirement plan that gives employees a tax break on the portion of their salary they contribute to the plan. Contributions...
What Happens When You Inherit A 401(k)?
December 13, 2020
A 401(k) is a tax-deferred, retirement savings account. When a person opens a 401(k), he or she names one or more beneficiaries to receive the...
How Does My 401(k) Get Invested?
November 13, 2020
A 401(k) is a tax-deferred, employer-sponsored retirement savings plan that allows you to save and invest a portion of your paycheck. Your employer may contribute...
Can I Have More Than One 401(k)?
October 13, 2020
It is possible to enroll in more than one 401(k) at a time. In fact, it is not uncommon to accumulate several over a lifetime....
Understanding 401(k) Terms: Sponsor & Third-Party Administrator
September 13, 2020
A 401(k) plan is an excellent benefit for employers to offer employees. It is a tax-deferred, defined-contribution retirement account that gets its name from a...
